(This story, in slightly different form, originally appeared inthe New York Law Journal.)
NEW YORK CITY-A federal judge has declined to dismiss a lawsuitbrought by a Long Island couple against a mortgage broker theyclaim was working in tandem with the orchestrator of a Ponzi schemewho is serving prison time for stealing more than $11 million frominvestors. In Iannuzziv. Washington Mutual, 07-cv-00964, Eastern DistrictJudge Joseph F. Bianco has ruled that Anthony and Theresa Iannuzzihad sufficiently alleged that a fiduciary relationship existedbetween them and the mortgage broker, Custom Capital Corp.
The decision will be published Wednesday.
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